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500 Leva Not issued

Issuer Bulgarian National Bank
Year 1951
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Size 185 × 95 mm
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Obverse lettering Петстотин Лева Народна Република България
(Translation: Five Hundred Leva People`s Republic of Bulgaria)
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Reverse lettering Петстотин Лева Българска Народна Банка Банкнотата е обеспечена с благородни метали и всички активи на банката За подправка виновните се наказват по закона
(Translation: Five Hundred Leva Bulgarian National Bank The banknote is backed by precious metals and all the bank`s assets For forgery the guilty are punished according to the law)
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Comments

Bulgaria's 1951 currency reform was Soviet-directed and sweeping — the entire prewar denomination structure was scrapped in favor of a tightly controlled socialist series. This 500 Leva was prepared as part of that series but never released; the reform's exchange rates and denomination ceilings meant the highest values were withdrawn before public issue. Goznak in Moscow printed the full run, consistent with Soviet practice of centralizing satellite-state banknote production in the early 1950s.

Unissued survivors exist in collector hands, but quantities are unknown.

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